Liabilities for the Seller After a Sale - McDermott Will & Emery

Liabilities for the Seller After a Sale

Overview


Patrick Martinez addressed how sellers of a medical practice can work with buyers to reduce employee-related liabilities, noting that often “purchasers will retain that liability and get a deduct from the purchase price on the value of those liabilities” in order to “keep the employees happy moving forward. This is so that when they start with their new company they could keep their PTO and try to keep that transition of employment as seamless as possible.” Read the full article.